TJX stock pops on earnings beat, raises guidance

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TJX Companies News

Brad Smith,TJ Maxx,Homegoods

Shares of TJX Companies (TJX) are jumping in early trading on Wednesday. The retailer posted second quarter results that topped analyst estimates on both the...

) are jumping in early trading on Wednesday. The retailer posted second quarter results that topped analyst estimates on both the top and bottom lines. The parent company of TJ Maxx and HomeGoods also raised its full-year profit guidance.You're seeing them on screen move higher after the company beat analyst estimates on both the top and bottom line plus they raised their full year guidance.

All of these seeing second quarter fiscal year 2025 reported sales growth, single digit percentage, high, single digit percentage for Mar Max. The fact that yes consumers are still spending, but they're out there looking for deals and what that really highlights is the consumer under pressure.

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